Lot 1764
Rare 1873-CC Liberty Seated Dollar. PCGS graded EF-45 PQ. Untoned and semi-reflective fields enhance the unabraded surfaces of this classic Carson City Seated dollar issue! While some technical friction can be observed on the breasts, arm, legs and head, the quality of this fantastic rarity seems to be several points above XF in our minds. For an issue with a low mintage of only 2,300 and immediate circulation of that entire mintage, we note that this piece is surprisingly free of hard abrasions and scratches. Faint luster is still present, mostly on the reverse. The eagle was spared any hits and still retains some frost in recessed areas. There is a small planchet depression just above the tip of the olive branch below the talon of the eagle's left claw.
The 1873-CC Seated dollar is the rarest issue from the Carson City Mint and some authorities have speculated that aside from the 1870-S, this issue is the rarest Liberty Seated dollar. This issue was struck just prior to issuance of the Trade Dollar and it is unclear whether the entire mintage of 2,300 was distributed or if some were melted. The cataloguer of the Eliasberg Sale stated that "In view of th rarity of the 1873-CC today, it seems reasonable to suggest a net distribution of only 1,000 for these coins". Whatever the case may be, the 1873-CC is a serious rarity to be reckoned with and any collector will need a lot of patience, dedication and a little luck in finding a pleasing example. By handling this amazing collection of Seated Dollars, we are easing that tantalizing task by offering you this superb rarity! Housed in an old PCGS green label, fat letter holder. PCGS population of 11 in EF-45 with only 19 finer (PCGS # 6972) .
Estimated Value $13,000 - 16,000.
The Michael M. Magdic Collection.
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| Realized $26,450 |
